Colorado § 44-20-408 Classes of licenses

Colorado Statutes

§ 44-20-408 — Classes of licenses

Colorado § 44-20-408

Title 44Revenue -

Art.Sale of Self-propelled Vehicles

This text of Colorado § 44-20-408 (Classes of licenses) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 44-20-408 (2026).

Text

(1)The following classes of licenses are issued under this part 4:

(a)A powersports vehicle dealer's license shall permit the licensee to engage in the business of selling, exchanging, leasing, or offering new and used powersports vehicles, which license shall not permit more than two persons named therein as owners of the business of the licensee to act as powersports vehicle salespersons.

(b)A used powersports vehicle dealer's license shall permit the licensee to engage in the business of selling, exchanging, leasing, or offering used powersports vehicles only. The license shall also permit a licensee to negotiate for a consumer the sale, exchange, or lease of used and new powersports vehicles not owned by the licensee. Prior to completion of a sale, exchange, or lease of a

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(1) The following classes of licenses are
issued under this part 4:

(a) A powersports vehicle dealer's license shall permit the licensee to
engage in the business of selling, exchanging, leasing, or offering new and used
powersports vehicles, which license shall not permit more than two persons named
therein as owners of the business of the licensee to act as powersports vehicle
salespersons.

(b) A used powersports vehicle dealer's license shall permit the licensee to
engage in the business of selling, exchanging, leasing, or offering used
powersports vehicles only. The license shall also permit a licensee to negotiate for
a consumer the sale, exchange, or lease of used and new powersports vehicles not
owned by the licensee. Prior to completion of a sale, exchange, or lease of a
powersports vehicle not owned by the licensee, the licensee shall disclose in
writing to the consumer whether the licensee will receive compensation from the
consumer or the owner of the powersports vehicle as a result of the transaction. If
the licensee receives compensation from the owner of the powersports vehicle as a
result of the transaction, the licensee shall include in the written disclosure the
name of the owner from whom the licensee will receive compensation. This license
shall not permit more than two persons named therein who shall be owners of the
business of the licensee to act as powersports vehicle salespersons.

(c) A powersports vehicle salesperson's license permits the licensee to
engage in the activities of a powersports vehicle salesperson while employed by a
licensed powersports vehicle dealer or used powersports vehicle dealer.

(d) A powersports vehicle manufacturer's or distributor's license shall permit
the licensee to engage in the activities of a powersports manufacturer or
distributor.

(e) A powersports vehicle manufacturer representative's license shall permit
the licensee to engage in the activities of a powersports vehicle manufacturer
representative.

(f) A wholesaler's license permits the licensee to engage in the activities of a
wholesaler, but does not permit more than two individuals, who must be named in
the license and who must be owners or part owners of the business of the licensee,
to perform the activities of a wholesaler.

(2) (a) A person who is licensed as a motor vehicle salesperson pursuant to
part 1 of this article 20 shall be deemed to be licensed as a powersports vehicle
salesperson under this part 4.

(b) A person who is licensed as a motor vehicle manufacturer or distributor
pursuant to part 1 of this article 20 shall be deemed to be licensed as a powersports
vehicle manufacturer or distributor under this part 4.

(c) A person who is licensed as a motor vehicle manufacturer pursuant to
part 1 of this article 20 shall be deemed to be licensed as a powersports vehicle
manufacturer under this part 4.

Legislative History

Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 105, � 2, effective October 1. L. 2019: (1)(f) amended, (HB 19-1286), ch. 425, p. 3715, � 2, effective August 2.